INDIAN JEWELLER

Jellicoe involved with all aspects of diamond exploration and project management

Acqired 8.7% stake for $2 million

Post By : Diamond World News Service On 28 February 2006 12:00 AM
Polished exports from Belgium rose 0.7% in October compared to the same period last year, while imports rose 7.6%, in a month disrupted by various holidays.%%According to figures released by Antwerps High Diamond Council (HRD), exports of polished for the month totalled $684 million. Polished imports were $676 million.%%In volume terms, exports fell 9.3% and imports dropped 1.4%.%%For the first ten months of the year, polished exports rose 9.0% to $7.3 billion and imports fell 9.4% to $6.9 billion.%%In terms of volume, exports were down 3.1% at 7.9 million carats, while imports dropped 5.8% to 8.2 million carats.%%The US remains the major destination for polished diamonds from Belgium, accounting for over 30% of exports so far this year. However, exports for the year to date were marginally lower at $2.3 billion.

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